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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 507, Gateway Tower 28 as a modern apartment with 1,410 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
507, Gateway Tower 28 has an estimated sale value of £717,141 and an estimated rental value of £3,077 per month, assuming reasonable condition and based on the information available.
The apartment sits within Gateway Tower, Western Gateway, London, E16.
Western Gateway, London, E16 lies in the borough of Newham, within the E16 postal district.
507, Gateway Tower 28 has no records in the the Land Registry and a single entry in the EPC database dated April 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 507, Gateway Tower 28 would be worth £752,998, with a potential rental value of £3,231 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £666,941, with a rental value of £2,862 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 507, Gateway Tower 28 has declined by £22,372 (3.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £150 (4.9%). The property's estimated gross yield is currently 5.1%.
507, Gateway Tower 28 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 507, Gateway Tower 28 across the last 2 years.
Most recently, 107, Gateway Tower 28, Western Gateway, London, E16 1YL, a leasehold flat, sold at £811,377 on the 15th December 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 507, Gateway Tower 28 as the 26th largest and the 7th most expensive of the 1467 addresses on Western Gateway, London, E16.
Against the E16 postcode district average, it is £335k more expensive than the typical property.
Royal Victoria station is the nearest stop to 507, Gateway Tower 28 at 200 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 507, Gateway Tower 28, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 507, Gateway Tower 28, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 507, Gateway Tower 28, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 507, Gateway Tower 28, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
